After TCS, Infosys sees one-time hit from new labour codes in Q3 https://www.taxtmi.com/news?id=67383 Implementation of the Labour Codes led to material one time increases in gratuity and leave liabilities recognised as exceptional charges: Infosys recorded Rs 1,289 crore (USD 143 million) for past service cost and leave liability increases; TCS reported a Rs 2,128 crore statutory impact; HCLTech disclosed a USD 82 million provision. en-us Wed, 14 Jan 2026 19:46:03 +0530 Wed, 14 Jan 2026 19:46:04 +0530 TaxTMI RSS Generator After TCS, Infosys sees one-time hit from new labour codes in Q3 https://www.taxtmi.com/news?id=67383 Implementation of the Labour Codes led to material one time increases in gratuity and leave liabilities recognised as exceptional charges: Infosys recorded Rs 1,289 crore (USD 143 million) for past service cost and leave liability increases; TCS reported a Rs 2,128 crore statutory impact; HCLTech disclosed a USD 82 million provision. News - Wed, 14 Jan 2026 19:46:03 +0530 https://www.taxtmi.com/news?id=67383